St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-01-27

A RTICLES OF INCORPORATION OF RICH
n mond and st. Paul Land and Improvement
Company. We, the undersigned, do hereby
associate ourselves and thereby form a cor
poraton under and pursuant to the provisions OF
title two OF chapter thirty-four, of the General
Statutes of the state of Minnesota and of the acts
amendatory thereof and supplementary thereto
and to that enc do adopt and sign the following
articles, viz:
Article 1.-The name of said corporation shall
be Richmond and st. Paul Land and Improve
ment Company" The general nature OF its bust
ness shall be the buying, owning. Improving sell
ing and dealing in lands, tenements and heredta-
ments real mixed and personal estate and prop
erty The principal place of transacting the bust
ness OF said corporation shall be the City of st.
Paul IN the County of Ramsey and State of Min
nesota.
Article 2-The time of commencement of said
corporation shall be the first day of February A.
d. 1881, and the period OF the continuance thereof
shall be thirty years.
Article 3-The amount of capital stock of said
corporation shall be five hundred thousano dol
lars, and the same shall paid in at such times
and IN such manner as the Board of Directors
Thereon snail from time to time by resolution
designate.
Article 4-The highest amount of Indebtedness
or liability to which said company shall at any
time be subject shall be the sum of five hundred
thousand dollars
Article 5-The names and places of residence of
the persons forming such association for incor-
poration are as follows. viz: J. Royal McMurran,
Gustav Wlilius and Hiram +. stevens and they
all reside at the City of St Paul in the County of
Ramsey and State of Minnesota
Article G-The names of the first Board of Drec-
tors are as foli ows: T. William Pemberton j.
Royal McMurran, Joseph Bryan, Carter w
Branch, James II. Dooley and Peter II. Mayo. The
government of said corporation and the manage
ment of its affairs shall be be vested in Board of
six Directors and subject to their direction in
such officers or agents as they may from time to
time by resolution designate. During the first
year of the existence of the saio corporation
James H. Dooley shall be President and Peter r.
Mayo shall be Vice President: Hugh A. McCurdy
shall be Secretary and James II. Dooley shall be
Treasurer Said Directors shall be elected by the
stockholders OF said corporation after the first year
at the annual meeting of said stockholders, which
shall be held on the first Tuesday of February in
each year The other officers above specified
shall be elected after the first year by the Board
of Directors at the annual meeting thereof
which shall be held as soon as practicable after
the meeting of stockholders in each year as above
specified. Each Director and officer shall con-
tnue in Office until his successor shall have been
duly elected and DUAL fed.
Meetings of said corportion for the cleo
ton of officers the adoption, amendment or
repeal OF the bylaws or any part thereof
or Tor the transaction of any other business of
Sa corporation, may be held at the principal
place of business thereof as above specified, or
at the City OF Richmond, in the State OF Virginia
The first Board of Directors of said corporation
may adopt bylaws which shall remain in force un-
til the first annual meeting above specified
and until and except as thereafter amended by a
vote OF majority of the stockholders of said
corporation.
Article THE number of shares in the capital
stock of said corporation shall be five thousand:
the amount of each share shall be one hundred
dollars.
In testimony whereof we have hereunto set our
hands and affixed our seals this oath day of
January, a. d. 1887.
j. ROYAL McMURRAN, Tseal. I
p GUSTAV WILLIUS, fSeaI /
HIRAM +. STEVENS, seal
In presence of;
SAMUEL MCMURRAN.
w. b. BOURNE.